house speaker john boehner said he's willing to deal too but want the funds to come from closing tax loopholes not raising tax rates. >> everyone wants to get our economy moving again. everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: the president says he's not whetted to every detail of the plan but two days after his election he says americans agree with his approach. now he has to convince republicans he has that mandate. >>> so just how much of a threat is the fiscal cliff and what are the chances of an agreement to avoid a potentially dire consequence? steve rattner is a leader of the nonpartisan group campaign to fix the debt. he oversaw the auto industry bailout for the obama administration. steven, welcome. the stakes here are quite high for the average american family 90% of the country is going see a tax hike. you might see them if you're in an average income household go up $2 $3,000. what are the chances in your view that a deal actually gets done on this? >>